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jon: and one of the big domestic stories, the fiscal cliff negotiations underway right now. entitlement reform is a big part of those negotiations. republicans say the nation must make adjustments to those costly programs. in exchange they say they're willing to compromise on taxes but so far no word from democrats. why? we have a fair and balanced debate next. >>> plus the supreme court breathing new life into a challenge to the health care law. the latest on that coming up. [ male announcer ] when was the last time something made your jaw drop? campbell's has 24 new soups that will make it drop over, and over again. ♪ from jammin' jerk chicken, to creamy gouda bisque. see what's new from campbell's. it's amazing what soup can do. now is a good time to think about your options. are you looking for a plan that really meets your needs and your budget? as you probably know, medicare only covers about 80% of your part b medical expenses. the rest is up to you. so consider an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all stand
jon: and one of the big domestic stories, the fiscal cliff negotiations underway right now. entitlement reform is a big part of those negotiations. republicans say the nation must make adjustments to those costly programs. in exchange they say they're willing to compromise on taxes but so far no word from democrats. why? we have a fair and balanced debate next. >>> plus the supreme court breathing new life into a challenge to the health care law. the latest on that coming up. [ male...
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Nov 27, 2012
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one of the main talking points for both sides in the fiscal cliff negotiations but especially the republicans, making sure the u.s. does not become the next greece. tonight, economically crippled country is getting another infusion of the bail-out money. senior foreign affairs correspondent amy kellogg has the story from london. >> they were peaceful but this was a protest. these greeks weary of seeing tensions shrink -- pensions shrink and jobs grow were not happy about the decision to grant them more in bail-out money. they know the feet will be held ever closer to the austerity fire. >> the long installment is not for the workers or the people. but the banks. for those drinking our blood. nothing can change. >> greece's new prime minister welcomed the deal to keep greece afloat, the feisty opposition leader decried it as hollow fix. >> it does not include greece or a plan for greece. >> in a marathon session in brussels, they nibbled around the essentials of the massive debt problem. making adjustments sort of forgiving greece's debt. that might have been political poison for the european
one of the main talking points for both sides in the fiscal cliff negotiations but especially the republicans, making sure the u.s. does not become the next greece. tonight, economically crippled country is getting another infusion of the bail-out money. senior foreign affairs correspondent amy kellogg has the story from london. >> they were peaceful but this was a protest. these greeks weary of seeing tensions shrink -- pensions shrink and jobs grow were not happy about the decision to...
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Nov 28, 2012
11/12
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as we head into the fiscal cliff negotiations, my advice to the president with eocene friends on the other side have difficulty turning off the campaign. we need to sit down and work this matter out. i think we have a clear sense there is an opportunity at the end of the year to do something important for the country. we all know that the most critical steps to be taken are to save the entitlements, which are on an unsustainable path to bankruptcy. there's no better time to begin to fix that problem right now. so i would hope our friends on the other side can turn off the campaign and get into a cooperative mode here. which leads me to make further up reservation that the majority leader to create an extraordinary controversy right here when we are to be in bipartisan cooperation by threatening to employ the nuclear option, which is of course to break the rules in order to change the rules of the senate. i hope cooler heads will prevail as they move through the process. the election was november the sixth. we won't have another one for two years and it's time to start pulling outward
as we head into the fiscal cliff negotiations, my advice to the president with eocene friends on the other side have difficulty turning off the campaign. we need to sit down and work this matter out. i think we have a clear sense there is an opportunity at the end of the year to do something important for the country. we all know that the most critical steps to be taken are to save the entitlements, which are on an unsustainable path to bankruptcy. there's no better time to begin to fix that...
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Nov 27, 2012
11/12
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and how these negotiations to try to save the country from going over the fiscal cliff? do you feel they have taken the economy basically hostage? >> well, i think this is what the record indicates. for the first time in american history to the best of my knowledge, the republicans in 2011 were prepared not to pay our debts. not to raise the debt ceiling and allow the united states of america to default on its -- what it owes, which could have driven this entire world into a major financial crisis. and they said, hey, we are not going to raise tax rates for the rich, and if it means an international financial crisis, so be it. i think that's being a bully. i think that is hostage taking. i think back in 2010, and by the way, thomas, in midst of this whole discussion, we have got to remember, that between 2010 and 2011 we have already as a congress, against my votes, cut over $1 trillion in programs that help low-income people, working people, middle class people, the wealthiest up until now have not paid a nickel more in taxes. so i would answer your question by saying t
and how these negotiations to try to save the country from going over the fiscal cliff? do you feel they have taken the economy basically hostage? >> well, i think this is what the record indicates. for the first time in american history to the best of my knowledge, the republicans in 2011 were prepared not to pay our debts. not to raise the debt ceiling and allow the united states of america to default on its -- what it owes, which could have driven this entire world into a major...
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Nov 27, 2012
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. >> catch one of the key players in the fiscal cliff negotiations right here on "now" when senator patty murray joins us tomorrow at noon eastern. >>> and coming up after their romney nominee received just over a quarter of the latino vote republicans say they're ready to put up when it comes to comprehensive immigration reform. what are they doing about it? so far putting up a lot of window dressing. the display when telemundo's jose diaz-balart joins us ahead. want to try to crack it? yeah, that's the way to do it! now we need a little bit more... [ male announcer ] at humana, we understand the value of quality time and personal attention. which is why we are proud to partner with health care professionals who understand the difference that quality time with our members can make... that's a very nice cake! ohh! [ giggles ] [ male announcer ] humana thanks the physicians, nurses, hospitals, pharmacists and other health professionals who helped us achieve the highest average star rating among national medicare companies... and become the first and only national medicare advantage company
. >> catch one of the key players in the fiscal cliff negotiations right here on "now" when senator patty murray joins us tomorrow at noon eastern. >>> and coming up after their romney nominee received just over a quarter of the latino vote republicans say they're ready to put up when it comes to comprehensive immigration reform. what are they doing about it? so far putting up a lot of window dressing. the display when telemundo's jose diaz-balart joins us ahead. want...
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Nov 27, 2012
11/12
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. >> as we head into the fiscal cliff negotiations, my advice to the president would be... it seems like our friends on the other side are having some difficulty turning off the campaign. we need to sit down and work this matter out. i think we have a clear sense that there's an opportunity here at the end of the year to do something something important for the country. >> brown: at the same time there were some signs on both sides of the aisle that there might be a little give in previous positions. republican senator bob corker of tennessee outlined his proposal in the "washington post." he called for tax revenue increases, including a cap on itemized deductions coupled with curbs on social security and medicare benefits. corker joined several republican senators and house members who have suggested they might abandon a longstanding pledge not to raise taxes. but the author of that pledge, conservative lobbyist grover nor quist, played down any hint he's losing influence. he called it, quote, a complete media-created frenzy. on the left, democratic senator dick durbin of
. >> as we head into the fiscal cliff negotiations, my advice to the president would be... it seems like our friends on the other side are having some difficulty turning off the campaign. we need to sit down and work this matter out. i think we have a clear sense that there's an opportunity here at the end of the year to do something something important for the country. >> brown: at the same time there were some signs on both sides of the aisle that there might be a little give in...
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Nov 27, 2012
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cliff negotiations. so if that is the case you change that at all right now? >> let me say this. i know that we have people out posturing and again we have all kind of folks that just want to sweep this under the rug and let the problem get even bigger. the fact is the two most important people are the president and speaker boehner. both of them in the beginning of this have shown a degree of flexibility. what we need to do, people like myself offer concrete solutions to solve this problem. when they get in their meeting they need to have these at their disposal and we as a country again need to go ahead and deal with this issue now. i know that senator durbin actually has shown some strength for what it's worth, i don't know what he will do today in his press conference but he has been more, he has been more than willing to look at medicare reform. bill: one more question. why do you want to go after revenue at all? you're $16.2 trillion in the hole? i mean your entire life any money washington gotten i
cliff negotiations. so if that is the case you change that at all right now? >> let me say this. i know that we have people out posturing and again we have all kind of folks that just want to sweep this under the rug and let the problem get even bigger. the fact is the two most important people are the president and speaker boehner. both of them in the beginning of this have shown a degree of flexibility. what we need to do, people like myself offer concrete solutions to solve this...
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Nov 27, 2012
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. >> you know, we did just get an update from the white house on the fiscal cliff negotiations. just take a listen to this, if you would. >> the president spoke with the speaker of the house as well as the senate majority leader over the weekend. he will continue to have discussions with those two leaders as well as leader pelosi and senator mcconnell in the days and weeks coming forward. i don't have a schedule for those conversations to provide to you, but he will speak with them and meet with them as appropriate. >> senator, all this talking, will you tell us, tell americans if you're in the loop, if you are privy, tell us who is talking to who in these fiscal cliff negotiations and where are the talks happening? >> you know, i'm not included in those talks. i've been talking with the folks in my state in kentucky, though, and they're not interested in raising taxes, they think it is a bad idea for the economy. the only way to have a stimulus to the private sector is to leave more money in the private sector. the other thing that folks in kentucky don't understand is that why
. >> you know, we did just get an update from the white house on the fiscal cliff negotiations. just take a listen to this, if you would. >> the president spoke with the speaker of the house as well as the senate majority leader over the weekend. he will continue to have discussions with those two leaders as well as leader pelosi and senator mcconnell in the days and weeks coming forward. i don't have a schedule for those conversations to provide to you, but he will speak with them...
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Nov 27, 2012
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and on fiscal cliff negotiations, this is what the oecd said, quote, decisive policy action is needed to ensure that stalemate over fiscal policy in the united states and continuing euro area instability do not plunge the world back into recession. and, here in sandyland, many people have been in the dark for days. some for weeks, after superstorm sandy. and some are now getting power bills that show normal usage. the long island power authority is assuring customers, don't worry, the next actual meter reading will reflect how much you've used, and they'll adjust your bill, and i'm telling you, there are some lipa customers right now who are outraged. after all they've been through. >> as well they should be. >> they are getting electricity bills reflecting normal usage, and for many of them it's been days, some of them it's been weeks with no power. and bring you up to speed on cyber monday. what's your best guess on what people were out there buying? >> i would have thought apple products? >> yeah. had to be electronics. >> a lot of question about electronics. monday sales up 28% fr
and on fiscal cliff negotiations, this is what the oecd said, quote, decisive policy action is needed to ensure that stalemate over fiscal policy in the united states and continuing euro area instability do not plunge the world back into recession. and, here in sandyland, many people have been in the dark for days. some for weeks, after superstorm sandy. and some are now getting power bills that show normal usage. the long island power authority is assuring customers, don't worry, the next...
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Nov 27, 2012
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the fiscal cliff negotiations. erin burnett is going outfront on this story with one of the key senators of the talks. what's going on? >> mark warner of virginia, one of the wealthiest men in congress and a democrat, of course, wolf, he's been working on this for years and he's frustrated tonight. harry reid said he's frustrated a deal isn't close, the market fell. the implications here are serious. senator warner comes outfront to talk about what he's will go to do on tax rates and has an interesting idea on that. and we're going to talk about the definition of motherhood. a woman and her best friend decided to have a child together, his sperm and a donor egg. and after she gave birth to the child he said i'm gay, i'm the biological father, i want the child. what happened? a judge has just ruled on this. a pretty fascinating definition of what a mother really is. that story also at the top of the hour. back to you. >> look forward to the show, erin, thank you. >>> up next here, christmas carols with a touch tone
the fiscal cliff negotiations. erin burnett is going outfront on this story with one of the key senators of the talks. what's going on? >> mark warner of virginia, one of the wealthiest men in congress and a democrat, of course, wolf, he's been working on this for years and he's frustrated tonight. harry reid said he's frustrated a deal isn't close, the market fell. the implications here are serious. senator warner comes outfront to talk about what he's will go to do on tax rates and has...
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Nov 27, 2012
11/12
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me, that's an approach to take you off the fiscal cliff. i think what the president is doing, what the speaker are doing what, did they do over the weekend? they talked together over the phone. did you see them sitting down at a table together? you saw them shaking hands. you watch the president -- or you watched the speaker right after the election and say here's revenues. we want to continue tax rates, but you need revenues. republicans are putting revenues on the table. where are the cuts to government to gets us to solve the problem? if you just do the tax rate, you don't solve anything. gout to bring more revenue n but at the same time you got to control the spending of government. that's the best way to solve the problem once and for all. >> greta: what's your position on raising tax rates on the very wealthy? >> i don't think the tax rates solve the problem. >> greta: does that mean a no? >> revenue. we'll give you more revenue by closing loopholes. >> greta: does that mean no the tax rates? >> you want to solve the problem. i'm tire
me, that's an approach to take you off the fiscal cliff. i think what the president is doing, what the speaker are doing what, did they do over the weekend? they talked together over the phone. did you see them sitting down at a table together? you saw them shaking hands. you watch the president -- or you watched the speaker right after the election and say here's revenues. we want to continue tax rates, but you need revenues. republicans are putting revenues on the table. where are the cuts to...
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Nov 27, 2012
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fiscal cliff talks. rob and paula, back to you. >> both sides are going to have to give a little. both sides. should be interesting. the president now trying to make a public push. he's meeting with business leaders to try to sell this plan. the white house warning closer and closer, the average family will pay $2,200 more a year in taxes if we go over the cliff by the end of the year. >> republicans coupling this with the entitlement program saying, we will do this if -- comes down to say they're closing tax loopholes, yes, we will do so. raszing taxes, they don't want to do so. >> the president said during the first news conference. look, i understand the loophole argument you are making that is not enough money to get us where we need to be. seems to be a divide there. intense negotiations you can imagine behind closed doors and in front of the camera. >> closer we get the more leverage the president has. >> merry christmas, everybody. >>> well, moving on now to a unique brand of football from norther
fiscal cliff talks. rob and paula, back to you. >> both sides are going to have to give a little. both sides. should be interesting. the president now trying to make a public push. he's meeting with business leaders to try to sell this plan. the white house warning closer and closer, the average family will pay $2,200 more a year in taxes if we go over the cliff by the end of the year. >> republicans coupling this with the entitlement program saying, we will do this if -- comes down...
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Nov 27, 2012
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on the fiscal cliff. he will be having discussions today, but we should be careful. they won't necessarily be listening sessions as they will be rah-rah sessions to try get support for president obama's proposal to have the tax cuts extended for folks who are making less than $250,000 a year. but for them to be sun setted for those making over $250,000 a year. >> the president had a similar meeting with heads of large companies. will he hear anything different, or will it be, as you said, a rah-rah "in session." >> i think it will be a rah-rah meeting. he will hold a meeting with other business leaders tomorrow as well as holding a separate meeting with folks who are middle class income who will be hurt by the fiscal cliff if in fact it is not resolved here in washington, d.c. but on friday, he's going to leave washington, d.c. he's going to go pennsylvania. when he's in pennsylvania he's going to visit a manufacturer that builds toys, specifically they build the tinkertoys as well as the connects buildin
on the fiscal cliff. he will be having discussions today, but we should be careful. they won't necessarily be listening sessions as they will be rah-rah sessions to try get support for president obama's proposal to have the tax cuts extended for folks who are making less than $250,000 a year. but for them to be sun setted for those making over $250,000 a year. >> the president had a similar meeting with heads of large companies. will he hear anything different, or will it be, as you said,...
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Nov 27, 2012
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about the fiscal cliff and all else. essentially the message in washington, we need to see a little bit of progress. >>> former governor jeb bush met yesterday with former staffers near the white house where he reportedly entertained questions about his political future. >> huh. >> according to "the national review," governor bush sat down with a number of veteran florida operatives along with mitt romney's campaign pollster. the article says mr. bush, quote, remained coy about making a run for the white house. instead deflecting the focus toward his efforts on educational reform. >> and the question is -- richard, the drudge report had the headline bush iii. are americans going to -- regardless of how qualified he is. are they going to be turned off by possibly electing a bush when you have history of bush for eight years, clinton for eight years, obama for eight years, another bush when there was actually, you know -- well, wait, bush, clinton, bush, obama, bush. >> that's probably due for another obama. i think bush l
about the fiscal cliff and all else. essentially the message in washington, we need to see a little bit of progress. >>> former governor jeb bush met yesterday with former staffers near the white house where he reportedly entertained questions about his political future. >> huh. >> according to "the national review," governor bush sat down with a number of veteran florida operatives along with mitt romney's campaign pollster. the article says mr. bush, quote,...
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Nov 27, 2012
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president, i rise to discuss the state of the ongoing negotiations to avert the fiscal cliff. so far, there's been little progress reported at the negotiating table. since the president's very productive meeting with the bipartisan leaders from the house and senate on november 16, the subsequent staff talks have produced no breakthroughs. republicans in the room are not yet acknowledging the need to let tax breaks for the very wealthiest americans expire, nor are they offering the kind of reasonable reforms to entitlement programs that democrats can be expected to support. but despite this impasse, as leader mcconnell described it on the floor yesterday, i'm optimistic we can get a deal by christmas. i detect a great deal of progress being made beneath the surface. you only need to turn on television these past couple of days to observe the signs of this progress. for nearly three decades, a right-wing washington lobbyists has exerted a strangle hold over maybe not mainstream republicans, threatening political retaliation against my lawmaker who dared to vote for any fiscal so
president, i rise to discuss the state of the ongoing negotiations to avert the fiscal cliff. so far, there's been little progress reported at the negotiating table. since the president's very productive meeting with the bipartisan leaders from the house and senate on november 16, the subsequent staff talks have produced no breakthroughs. republicans in the room are not yet acknowledging the need to let tax breaks for the very wealthiest americans expire, nor are they offering the kind of...